ZEBULON PROPERTY LTD

💤Zombieactive

SC218168 · ltd · incorporated 2001-04-18

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

£259.8k

book net assets

Opportunity

75/100

Strong

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (1 active, 3 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

56 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £259,812

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£260k

~ YoY

Current Assets

£31k

↓ 2.9% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-04-30	2024-04-30
Total assets	£259.8k	£258.8k
Current assets	£31.1k	£32.1k
Net assets	£259.8k	£258.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2026-01-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-29
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-10
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-05-09
➖
REID, Alan Emmerson resigned
secretary
2023-11-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-27
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-17
📄
resolution
resolution · RESOLUTIONS
2020-01-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-07
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2001-04-18
🏢
Company incorporated
As ZEBULON PROPERTY LTD
2001-04-18
➕
REID, Kenneth Robert appointed
director
2001-04-18
➕
REID, Alan Emmerson appointed
secretary
2001-04-18
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2001-04-18
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary

Owner dependency

85/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Kenneth Robert Reid Individual · British · DOB 07/1969 · age 57	75–100%	—	75-100% shares	18/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Property · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LANDWARD SECURITIES (EDINBURGH) LIMITED→ SC052040 · est 1972	£3.62M £3.07M–£4.16M	—	£3.62M	—	53y	83	62y
TEAM SCOTLAND LTD.→ SC282486 · est 2005	£1.97M £1.67M–£2.26M	—	£1.97M	—	21y	83	63y
GATEWAY GLASGOW LTD→ SC219530 · est 2001	£1.34M £1.14M–£1.54M	—	£1.34M	—	25y	83	64y
PAMABER PROPERTIES LIMITED→ SC147392 · est 1993	£1.21M £1.03M–£1.39M	—	£1.21M	—	32y	83	78y
LYNE PROPERTIES (EDINBURGH) LIMITED→ SC028226 · est 1951	£1.12M £947.9k–£1.28M	—	£1.12M	—	75y	83	85y
SANTOSHI ENTERPRISE LIMITED→ SC251221 · est 2003	£669.9k £569.4k–£770.4k	—	£669.9k	—	22y	83	64y
FACTOTUM (SCOTLAND) LIMITED→ SC246244 · est 2003	£338.5k £287.7k–£389.2k	—	£338.5k	—	23y	83	74y
THE OLD SAWMILL LIMITED→ SC299306 · est 2006	£28.1k £23.9k–£32.3k	—	£28.1k	—	20y	83	63y
REDS RELAX ENJOY DEVELOP LIMITED→ SC293103 · est 2005	£12.3k £10.4k–£14.1k	—	£12.3k	—	20y	83	60y
CODEBASE LTD→ SC437306 · est 2012	—	£11.72M	—	9600	13y	84	60y
CLOCKWORK PROPERTIES LIMITED→ SC197325 · est 1999	—	£400.3k	—	200	26y	83	55y
JEDDERFIELD INVESTMENTS LIMITED→ SC502005 · est 2015	—	£19.5k	—	0	11y	83	69y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2001-04-18

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

6/10 Oxford Terrace

Edinburgh

EH4 1PX

Scotland

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-04-25

Last: 2026-04-11

Officers (1 active · 2 resigned)

REID, Kenneth Robert→

director · ~57y · appointed 2001-04-18

View their other companies + combined net worth →

Active

REID, Alan Emmerson→

secretary · appointed 2001-04-18 · resigned 2024-05-09

Resigned

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2001-04-18 · resigned 2001-04-18

Resigned

Click a director name to see their full track record across all companies.

Recent filings (56 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-04-11

accounts-with-accounts-type-micro-entity

accounts · AA

2026-01-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-05-06

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-01-29

accounts-with-accounts-type-micro-entity

accounts · AA

2024-11-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-10

termination-secretary-company-with-name-termination-date

officers · TM02

2024-05-10

accounts-with-accounts-type-micro-entity

accounts · AA

2023-11-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-05-02

accounts-with-accounts-type-micro-entity

accounts · AA

2022-11-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-05-06

accounts-with-accounts-type-micro-entity

accounts · AA

2021-11-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-05-18

accounts-with-accounts-type-micro-entity

accounts · AA

2021-02-18

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2020-08-27